[October 09, 2012]

Nexant Named Top Global Cleantech Company for 2012

Nexant, Inc. announced today that it has again been named as one of the world's top cleantech companies by Cleantech Group, a leading global research and advisory firm focused on innovation in energy and the environment. This is the second year in a row that Cleantech has recognized Nexant as one of the world's foremost pioneers in the energy efficiency sphere.

The annual Global Cleantech 100 list is unique because it highlights the capabilities of private clean technology companies from 85 countries, focusing on those companies that key market participants believe are currently the most likely to make the most significant market impact over the next five to ten years.

"We are once again very pleased to be named as one of the Global Cleantech 100 companies," said Basem Sarandah, Nexant CEO. "This honor acknowledges our continuing commitment and ongoing innovation to provide clean energy, energy efficiency, and grid reliability technology and solutions that help organizations improve operational and financial efficiency, reduce risk, nd enhance customer engagement across the energy value chain. In addition to our leadership role managing these programs and systems infrastructure projects throughout North America, our experts work with local, regional, and global partners and agencies to support efforts to transform energy economies worldwide."

"The Global Cleantech 100 is a natural extension of our companywide mission to help corporations, investors and financiers, professional service firms, and governmental agencies connect with global cleantech innovation," said Sheeraz Haji, Cleantech Group CEO. The Global Cleantech 100 list is derived from Cleantech Group's own data and research combined with the weighted qualitative judgments of hundreds of nominations and the viewpoints of a global panel of 75 cleantech experts. The 8,285 companies nominated this year were weighted and scored to create a short list of 236 candidates that was presented to the expert panel for evaluation, with a final round of the top 100 companies selected from 13 countries.

The full 2012 Global Cleantech 100 report and panel member lists are available at: http://info.cleantech.com/GlobalCleantech100_2012Report.html.

ABOUT NEXANT

Nexant offers a comprehensive suite of best-in-class energy enterprise software designed to transform utility business processes and implement smart grid and energy conservation initiatives. Over the last decade, it has been developing and commercializing technology solutions-such as iEnergy™, GRID360™, iHEDGE®, and RevenueManagerT®-enabling utilities, power producers, and retailers to operate and deploy new technologies and applications in the emerging grid. Operating from 32 offices in the U.S., Europe, the Middle East, Asia, and Africa, the company's team of industry professionals has completed more than 3,000 client assignments in over 100 countries, and its software operates in over 120 control centers at utilities worldwide. Its clients include major utilities, transmission and distribution system operators, chemical and petroleum majors, financial institutions, government agencies and Fortune 500 companies.

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